Can resources rally continue?

Original article by Sarah Turner
The Australian Financial Review – Page: 33 : 9-Nov-17

Mining and energy stocks have been a major contributor to the Australian sharemarket’s rise above 6,000 points, with the price of both Brent crude oil and iron ore rebounding in recent weeks. Lachlan Shaw of UBS expects demand for commodities in China to remain strong, despite expectations of a slight decline in the nation’s economic growth, while David Lafferty of Natixis Asset Management notes that the world is currently experiencing synchronised economic growth.

CORPORATES
UBS HOLDINGS PTY LTD, NATIXIS ASSET MANAGEMENT, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, STANDARD AND POOR’S ASX 200 INDEX

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